WASHINGTON — U.S. economic growth in the second quarter was revised upward to a seasonally adjusted 1.7% annual rate from the previous 1.6% estimate, due to stronger inventory and consumer spending, the Commerce Department reported Thursday.

This was the third and final estimate for gross domestic product in April, May, and June. The 1.7% growth rate compares with the 3.7% pace recorded in the first quarter. Quarterly economy growth has averaged an annualized rate of 1.7% the past 10 years.

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